AirBridgeCargo continues to shine

Solidifying its reputation as one of the fastest-growing air cargo carriers in the world, AirBridgeCargo had a strong November, with a 27 percent year-over-year tonnage gain, compared to the previous November. Last month, ABC transported more than 50,000 tonnes of cargo across its global network, which includes Europe, North America and the Asia-Pacific region. For […]

IATA reports plateau in cargo growth for October

As was expected, given the preliminary monthly traffic reports by many major carriers, global air cargo volumes, measured in freight tonne kilometers (FTKs), were flat in October 2015, rising by just 0.5 percent, compared with the same month last year. Freight load factors in October also fell to the 44 percent range, a level not […]

Lufthansa Cargo committed to Vietnam

With its economic recovery in full swing, Vietnam has been named by Lufthansa Cargo as part of the carrier’s new winter schedule. The American Journal of Transportation said that, after a test phase over the summer, the cargo airline will be flying a 777F weekly to Ho Chi Minh City. The freighter will be departing […]

E-air waybill penetration creeps up – ever so slowly

Unless a huge shift occurs, it would appear by IATA’s latest numbers on electronic air waybills (e-AWBs) that the goal of 45 percent penetration by year’s end isn’t going to become a reality.  The good news is that, for the most part, the numbers have crept up every month by a slight margin. Overall, e-AWB […]

Airports Council International says airfreight growth modest

Even as North America is getting up to speed economically, a cyclical slowdown in emerging markets is squelching the prospects for significant advances in the global airfreight market, according to the Airports Council International half-year report. The council also predicted limited global growth for the remainder of 2015. Air-freight volume worldwide grew in June at […]

IATA’s latest numbers raise concern

The June numbers are in from the International Air Transport Association (IATA) for global airfreight, and, like the WorldACD report from earlier this week, it’s a bit disconcerting. Measured in freight tonne kilometers (FTK), airfreight volumes worldwide only rose 1.2 percent compared to 5.3 percent at the same time last year. IATA reported that the […]

IATA reports sluggish start to 2015

Those looking for confirmation that the early 2015 airfreight boom was an anomaly may now have their proof in the April data released today by IATA. While April 2015 showed a 3.3 percent increase in global cargo volumes over April 2014, there has been no actual growth in global cargo volumes since late last year, […]

Asia-Pacific airlines’ profit falls slightly in 2014

The Association of Asia Pacific Airlines (AAPA), which includes 26 Asia-Pacific-based carriers, released preliminary figures for 2014, revealing that, in the aggregate, they operated with close to break-even status, with US$50 million net loss, compared to a net profit of US$2.2 billion in 2013. High fuel costs in the early part of the year and […]

West Coast port crisis boosts Q1 air freight

The global airfreight market experienced a modest bump in the first quarter of 2014, thanks to a strong February which was positively colored by the combination of the West Coast port labor crisis and a massive automobile recall in the U.S. Total air cargo traffic worldwide for Q1, measured in freight tonne kilometers (FTKs), increased […]

Strong late 2014 leads to IATA’s positive 2015 outlook

Worldwide demand for airfreight should expand by 4.5 percent in 2015, according to the International Air Transport Association (IATA), besting the expected rise in world trade by one-half percent. However, IATA CEO Tony Tyler cautioned that, while he is optimistic, other factors such as political risk and macro-economics could impact trade flow. IATA released strong […]
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